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Definity Financial Corporation
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, includes fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. It markets its commercial insurance products to small businesses and mid-market companies, as well as various targeted segments. The company was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.
Market Cap
CAD 7.0B
Volume
110.7K
Cash and Equivalents
CAD 322.1M
EBITDA
CAD 708.3M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
CAD 861.9M
Profit Margin
19.98%
52 Week High
CAD 65.75
52 Week Low
CAD 41.97
Dividend
1.23%
Price / Book Value
2.10
Price / Earnings
16.56
Price / Tangible Book Value
3.62
Enterprise Value
CAD 7.1B
Enterprise Value / EBITDA
9.94
Operating Income
CAD 590.0M
Return on Equity
13.35%
Return on Assets
4.93
Cash and Short Term Investments
CAD 419.5M
Debt
CAD 259.6M
Equity
CAD 3.5B
Revenue
CAD 4.3B
Unlevered FCF
CAD 714.3M
Sector
Insurance
Category
N/A
Hedge Funds that own this stock
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